Bad bank to de-clog banks' balance sheets and free up capital to fund growth; two banks and one GIC to be privatised, govt says, and more
Excise and customs duties rejigged to create an earmarked corpus for development activities
Finance Minister Nirmala Sitharaman allows NRIs to set up one-person companies and eliminates double taxation for the community
While the finance minister introduced agricultural cess and focused on MSP's significance, the budget saw no mention of farm laws or any guarantees about a continuation of MSP, a key expectation from the budget
Budgetary allocations focus on various determinants of health ranging from vaccination and nutrition to sanitation and pollution, so all eyes are on how much funds will finally be made available by the Centre and states to strengthen health systems on the ground
Though Budget 2021 doesn't directly put more money into the hands of the urban consumers, it does its bit to boost spending in rural India
The government has also rolled out many positive initiatives for startups outside the Budget. Experts says it's a balanced Budget, given the Covid-19 scenario
Although immediate, direct proposals are incremental, experts say the Budget will help entrepreneurs
In the light of the ongoing farmer protests and the pandemic wiping out livelihood for many farmers while also reshaping the agritech sector, what will the budget dole out for India's agricultural economy?